Korean internet portal Naver is to introduce a mobile payments platform from June that will let users verify themselves using fingerprint recognition and make payments using their Naver ID, a password, the mobile number of the recipient and either a credit or debit card. “It has tied up with five credit card firms, including BC Card Co and Samsung Card Co, and is in talks with five major local banks to forge the partnership to provide Naver Pay,” Yonhap reports.
- Dogs aim to take Blue Cross canal walk donations
- Accumulated payments with Samsung Pay surpass W10tn
- Contactless to account for more than one in two POS transactions globally by 2022
- Face ID described as iPhone 8’s ‘crown jewel’, unlocking device in ‘a few hundred milliseconds’
- From the high street to the handset: How banks can stay connected to consumers in the smartphone era